ILLINOIS COUNCIL OF HEALTH SYSTEM PHARMACISTS

EIN: 362887899

LOVES PARK, IL

Total Revenue
$1,806,213
Total Expenses
$1,471,763
Total Assets
$4,161,254
Net Assets
$3,797,572
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
IL
Principal Officer
CHRISTOPHER CRANK
Phone
8152279292
Tax Period
2023-01-01 to 2023-12-31

ILLINOIS COUNCIL OF HEALTH SYSTEM PHARMACISTS, founded in 1966, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $334K, a strong 19% operating margin.

Mission

ADVANCING EXCELLENCE IN PHARMACY

Program Service Accomplishments

Program 1

THE ORGANIZATION PROMOTES THE PHARMACY PROFESSION THROUGH EDUCATIONAL SEMINARS, CONTINUING EDUCATION PROGRAMS, PUBLICATIONS AND OTHER ACTIVITIES RELATED TO ADVANCING THE PHARMACY FIELD. THERE WERE...

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THE ORGANIZATION PROMOTES THE PHARMACY PROFESSION THROUGH EDUCATIONAL SEMINARS, CONTINUING EDUCATION PROGRAMS, PUBLICATIONS AND OTHER ACTIVITIES RELATED TO ADVANCING THE PHARMACY FIELD. THERE WERE 418 ATTENDEES AT THE 2023 FALL MEETING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $827,375
Program Service Revenue $585,468
Investment Income $64,528
Other Revenue $328,842
TOTAL REVENUE $1,806,213

Expense Breakdown

Grants Paid $0
Salaries & Benefits $821,197
Fundraising Expenses $0
Other Expenses $650,566
TOTAL EXPENSES $1,471,763

Year-over-Year Comparison

2023 2022 Change
Revenue $1,806,213 $1,193,020 +0.5%
Expenses $1,471,763 $1,260,330 +0.2%
Net Income $334,450 $-67,310 -6.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
10
Volunteers
220

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$212,266
Total Directors
21
$212,266
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER CRANK EXECUTIVE VI 40.00
Officer Director
$206,081 $6,185 $212,266
NATALIE BOELENS CENTRAL REGI 1.00
Director
$0 $0 $0
SCOTT DRABANT GOV AFFAIRS 1.00
Director
$0 $0 $0
LARA ELLINGER PRESIDENT-EL 1.00
Officer Director
$0 $0 $0
JENNIFER ELLISON PROFESSIONAL 1.00
Director
$0 $0 $0
RON HARTMAN MARKETING AF 1.00
Director
$0 $0 $0
CAROL HEUNISCH PRESIDENT 1.00
Officer Director
$0 $0 $0
BRITTANY KARAS ORG AFFAIRS 1.00
Director
$0 $0 $0
ALEXIS KASNIUNAS NEW PRACT NE 1.00
Director
$0 $0 $0
DENISE KOLANCZYK IMMED PAST P 1.00
Officer Director
$0 $0 $0
DANIEL MAJERCYZK SECRETARY 1.00
Officer Director
$0 $0 $0
ANDREW MERKER TREASURER 1.00
Officer Director
$0 $0 $0
ANNA NIEDZWIECKI RESIDENCY LE 1.00
Director
$0 $0 $0
JASON ORR NORTHERN REG 1.00
Director
$0 $0 $0
JENNIFER PHILLIPS EDITOR & CHA 1.00
Director
$0 $0 $0
MARIANNE POP EDUCATIONAL 1.00
Director
$0 $0 $0
RICHARD PUCCETTI TECHNICIAN R 1.00
Director
$0 $0 $0
LYNN RHEINECKER SOUTHERN REG 1.00
Director
$0 $0 $0
MATT RIM SPECIALTY PH 1.00
Director
$0 $0 $0
ROXANE ROHANI AMBULATORY C 1.00
Director
$0 $0 $0
JOSEPH SIMON PHARMACY INF 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,806,213 $1,471,763 $4,161,254 $334,450
2022 $1,193,020 $1,260,330 $3,778,446 $-67,310
2021 $1,287,348 $1,075,601 $3,811,007 $211,747
2020 $969,630 $1,182,830 $3,592,341 $-213,200
2019 $1,223,672 $1,274,762 $3,802,993 $-51,090
2018 $1,258,078 $1,172,110 $3,800,584 $85,968
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